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    Macroeconomics Study Set 20
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    Exam 14: Wages,union,and Labor
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    -Refer to Exhibit 14-1
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-Refer to Exhibit 14-1

Question 43

Question 43

Multiple Choice

  -Refer to Exhibit 14-1.What sequence of points shows the short- and long-run consequences of a fall in velocity under monetarist assumptions? A)  A-E-B B)  B-D-A C)  A-D-B D)  B-A
-Refer to Exhibit 14-1.What sequence of points shows the short- and long-run consequences of a fall in velocity under monetarist assumptions?


A) A-E-B
B) B-D-A
C) A-D-B
D) B-A

Correct Answer:

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